Latest news with #PWU
Globe and Mail
3 days ago
- Business
- Globe and Mail
Members of the Power Workers' Union ratify collective agreement
TORONTO, June 2, 2025 /CNW/ - Hydro One Inc. (Hydro One) and the Power Workers' Union (PWU) are pleased to announce that PWU members have ratified the tentative agreement reached on May 5, 2025. The new agreement is effective from October 1, 2025, to March 31, 2028, and combines the main and Customer Service Organization agreements into one, covering front-line and customer-facing roles.
Cision Canada
3 days ago
- Business
- Cision Canada
Members of the Power Workers' Union ratify collective agreement
TORONTO, June 2, 2025 /CNW/ - Hydro One Inc. (Hydro One) and the Power Workers' Union (PWU) are pleased to announce that PWU members have ratified the tentative agreement reached on May 5, 2025. The new agreement is effective from October 1, 2025, to March 31, 2028, and combines the main and Customer Service Organization agreements into one, covering front-line and customer-facing roles. "Thank you to the Power Workers' Union leadership and both bargaining teams for their efforts to reach a balanced and fair outcome," said David Lebeter, President and Chief Executive Officer, Hydro One. "I am confident that under this unified agreement, our employees represented by the Power Workers' Union will continue to work safely to deliver value and support growth in Ontario for years to come." "The Power Workers' Union are pleased with the stability that comes from successfully negotiating a unified collective agreement that meets the needs of our members and the public," said Jeff Parnell, PWU President. "Achieving the agreement early, before the end of the previous collective agreement, is testament to the positive relations between the parties and will ensure the PWU will continue to be the people who help keep the lights on in Ontario." Hydro One Limited (TSX: H) Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at or Forward-Looking Statements and Information: This press release may contain "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of applicable U.S. securities laws (collectively, "forward-looking information"). Statements containing forward-looking information are made pursuant to the "safe harbour" provisions of applicable Canadian and U.S. securities laws. Words such as "expect", "anticipate", "intend", "attempt", "may", "plan", "will", "can", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One's filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law.
Yahoo
3 days ago
- Business
- Yahoo
Members of the Power Workers' Union ratify collective agreement
TORONTO, June 2, 2025 /CNW/ - Hydro One Inc. (Hydro One) and the Power Workers' Union (PWU) are pleased to announce that PWU members have ratified the tentative agreement reached on May 5, 2025. The new agreement is effective from October 1, 2025, to March 31, 2028, and combines the main and Customer Service Organization agreements into one, covering front-line and customer-facing roles. "Thank you to the Power Workers' Union leadership and both bargaining teams for their efforts to reach a balanced and fair outcome," said David Lebeter, President and Chief Executive Officer, Hydro One. "I am confident that under this unified agreement, our employees represented by the Power Workers' Union will continue to work safely to deliver value and support growth in Ontario for years to come." "The Power Workers' Union are pleased with the stability that comes from successfully negotiating a unified collective agreement that meets the needs of our members and the public," said Jeff Parnell, PWU President. "Achieving the agreement early, before the end of the previous collective agreement, is testament to the positive relations between the parties and will ensure the PWU will continue to be the people who help keep the lights on in Ontario." Hydro One Limited (TSX: H) Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at or Forward-Looking Statements and Information:This press release may contain "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of applicable U.S. securities laws (collectively, "forward-looking information"). Statements containing forward-looking information are made pursuant to the "safe harbour" provisions of applicable Canadian and U.S. securities laws. Words such as "expect", "anticipate", "intend", "attempt", "may", "plan", "will", "can", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One's filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law. View original content to download multimedia: SOURCE Hydro One Inc. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Market Online
06-05-2025
- Business
- The Market Online
Hydro One and Power Workers' Union reach tentative agreements
Hydro One (TSX:H) and the Power Workers' Union (PWU) have jointly announced that tentative agreements have been reached for the renewal of two key collective agreements The agreements were reached following a series of negotiations aimed at ensuring continued collaboration and stability across the company's essential services If ratified, the new agreements will come into effect on October 1, 2025 Hydro One stock (TSX:H) last traded at C$52.43 Hydro One (TSX:H) and the Power Workers' Union (PWU) have jointly announced that tentative agreements have been reached for the renewal of two key collective agreements covering front-line employees across Hydro One's operations in Ontario. Via a news release, the agreements, which include the main collective agreement and the Customer Service Operations collective agreement, were reached following a series of negotiations aimed at ensuring continued collaboration and stability across the company's essential services. The agreements are now subject to ratification by the PWU membership. Voting is expected to take place in the coming weeks. If ratified, the new agreements will come into effect on October 1, 2025. Through its wholly-owned subsidiaries, Hydro One Inc. is Ontario's largest electricity transmission and distribution provider with 1.5 million customers, C$36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of approximately C$8.5 billion. Hydro One stock (TSX:H) last traded at C$52.43. Join the discussion: Find out what everybody's saying about this stock on the Innocan Pharma Bullboard investor discussion forum, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Cision Canada
05-05-2025
- Business
- Cision Canada
Hydro One and the Power Workers' Union reach tentative agreements
TORONTO, May 5, 2025 /CNW/ - Hydro One Inc. (Hydro One) and the Power Workers' Union (PWU) are pleased to announce that tentative agreements have been reached for the two collective agreements covering employees in front-line roles across the company's operations in Ontario. Both tentative agreements remain subject to ratification by the PWU membership. Negotiations covered the renewal of two collective agreements: the main collective agreement and the Customer Service Operations collective agreement. PWU members will vote on these agreements and once ratified, these agreements will be effective October 1, 2025. Hydro One Limited (TSX: H) Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of approximately $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at or Forward-Looking Statements and Information: This press release may contain "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of applicable U.S. securities laws (collectively, "forward-looking information"). Statements containing forward-looking information are made pursuant to the "safe harbour" provisions of applicable Canadian and U.S. securities laws. Words such as "expect", "anticipate", "intend", "attempt", "may", "plan", "will", "can", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One's filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law. For More Information For more information about everything Hydro One, please visit where you can find additional information including links to securities filings, historical financial reports, and information about the Company's governance practices, corporate social responsibility, customer solutions, and further information about its business.
